Taking the Utah Way worldwide
This week we led a delegation of Utah businesses and organizations on a trade mission to Seoul, South Korea, and Tokyo, Japan. Organized by the Governor’s Office of Economic Opportunity and World Trade Center Utah, international trade missions reinforce Utah’s commitment to foster global partnerships and drive economic prosperity.
The 2024 mission forged economic ties in key sectors, including manufacturing, aerospace and defense, life sciences and health care, innovation, financial services, and fintech. This visit builds on previous trips to South Korea in 2018 and Japan in 2019, demonstrating Utah’s dedication to nurturing long-term economic partnerships in Asia.
Highlights from the 2024 Trade Mission:
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We met with President Yoon Sek Yeol to announce a new Delta direct flight from Seoul to Salt Lake City beginning June 2025.
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We discussed strengthening economic ties and boosting investment opportunities with Minister Ahn and Utah’s new trade representative.
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We discussed future collaboration with Hanwha Aerospace CEO Son Jae-il.
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The University of Utah Asia Campus celebrated its 10th anniversary.
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We signed a four-year action plan with South Korean Gov. Dong Yeon Kim, renewing their sister-state relationship on its 41st anniversary.
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The delegation met with the Japan Association of Defence Industry, IHI, Kawasaki Heavy Industries and 47G to discuss the future of aerospace and defense.
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The delegation met with the Japanese Vice Minister of Economy, Trade, and Industry to collaborate on energy, minerals and business opportunities.
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We thanked Mitsubishi for investing in Utah's ACES project, one of the largest hydrogen facilities worldwide, and choosing rural Utah for this energy investment.
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We met with NTT Chairman Jun Sawada to discuss future collaboration. NTT, a leading ICT company, has invested $19 billion in the U.S.
Thanks to all the business leaders who joined us in showing the world why they should invest in Utah!
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